Royal Caribbean Cruises Ltd (NYSE:RCL) had declared a cash dividend of $0.4800 on Sep 19, 2016. The shares will quote ex-dividend on Sep 27, 2016 and the record date has been fixed for Sep 29, 2016. On Sep 19, 2016 share price, the yield comes out to be 2.9322%. The dividend payable date has been fixed on Oct 13, 2016.
In a different note, Bernstein said it Initiates Coverage on Royal Caribbean Cruises Ltd, according to a research note issued on Sep 9, 2016. The shares have been rated ‘Outperform’ by the firm. On Sep 7, 2016, Argus Research said it Downgrades its rating on Royal Caribbean Cruises Ltd. The shares have been rated ‘Hold’ by the firm. On Aug 3, 2016, Stifel Nicolaus said it Maintains its rating on Royal Caribbean Cruises Ltd. In the research note, the firm Lowers the price-target to $94.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 28, 2016, Stifel Nicolaus said it Maintains its rating on Royal Caribbean Cruises Ltd. In the research note, the firm Lowers the price-target to $99.00 per share. The shares have been rated ‘Buy’ by the firm.
Royal Caribbean Cruises Ltd (RCL) made into the market gainers list on Thursdays trading session with the shares advancing 4.61% or 3.13 points. Due to strong positive momentum, the stock ended at $70.99, which is also near the day’s high of $71.1. The stock began the session at $68.25 and the volume stood at 40,71,113 shares. The 52-week high of the shares is $103.4 and the 52 week low is $64.21. The company has a current market capitalization of $15,282 M and it has 21,52,64,910 shares in outstanding.
Royal Caribbean Cruises Ltd(RCL) last announced its earnings results on Aug 2, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $2.10B. Analysts had an estimated revenue of $2.17B. Earnings per share were $1.09. Analysts had estimated an EPS of $1.01.
Several Insider Transactions has been reported to the SEC. On Aug 19, 2016, Vagn O Sorensen (director) purchased 1,100 shares at $70.50 per share price.Also, On Aug 12, 2016, Michael W Bayley (Pres& CEO,Royal Caribbean Intl) sold 12,183 shares at $71.07 per share price.On Aug 5, 2016, Lisa Lutoff-perlo (Pres & CEO, Celebrity Cruises) sold 6,790 shares at $74.46 per share price, according to the Form-4 filing with the securities and exchange commission.
Royal Caribbean Cruises Ltd. (Royal Caribbean) is a cruise company. The Company owns various brands such as Royal Caribbean International Celebrity Cruises Pullmantur Azamara Club Cruises CDF Croisieres de France and a 50% joint venture interest in TUI Cruises. Together these six brands operate a combined 43 ships in the cruise vacation industry with an aggregate capacity of approximately 105750 berths. The Companys ships operate on a selection of itineraries that call on approximately 480 destinations on all seven continents. Royal Caribbean International offers a variety of itineraries including Alaska Asia Australia Bahamas Bermuda Canada the Caribbean Europe the Panama Canal South America and New Zealand. Celebrity Cruises offers a variety of itineraries including Alaska Asia Australia Bermuda Canada the Caribbean Europe Hawaii New Zealand the Panama Canal and South America.